City leader Carrie Lam has floated a new mortgage arrangement for subsidised housing that would see down payments and monthly instalments sharply reduced. Photo: Winson Wong
Hong Kong considering cheaper mortgage scheme for subsidised flats: Carrie Lam
  • So-called progressive payment scheme would see down payments and monthly instalments roughly halved
  • Chief Executive Carrie Lam says government hopes to allow residents, including those waiting for public housing, to ‘leapfrog’ renting and purchase homes instead
6 Jan 2022 - 1:32AM